Monday, 2 November 2026

Bitcoin: The Beauty of Mathematics (Part 74)

In this video Benjamin talks about: Bitcoin: The Beauty of Mathematics (Part 74). Video by Benjamin Cowen.

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On November 2, 2026, Bitcoin is trading at approximately €70,094 (or roughly $76,200 based on standard currency conversion data). The cryptocurrency market is showing signs of stabilization and cautious intraday recovery after navigating severe volatility earlier in the year. Visit Trading Platform >>



Insights

• Binance Security Recovery: Investor confidence is stabilizing following the resolution of a massive $6.3 billion security breach on October 29. Binance fully resumed Bitcoin withdrawals yesterday, using its corporate treasury and insurance funds to back 95% of impacted balances. Full zero-knowledge proof of reserves is expected by November 3, which has contained what could have been a market-wide liquidity panic.

• State-Level Institutional Infrastructure: The Moscow Exchange announced plans to launch fully regulated spot trading for Bitcoin, Ethereum, and USDT starting December 1, 2026. While retail caps are strictly set at 300,000 rubles annually, the move introduces a significant sovereign-compliant on-ramp.

• Technical Support Bands: On-chain data indicates a notable supply shift, with 90,000 BTC moving into the short-term holder cost band. This structural volume creates a psychological support cushion as the asset attempts to steady its course.

• The "Flight to Cash": Ongoing geopolitical friction combined with the U.S. Federal Reserve's restrictive interest rate policy continues to apply negative pressure on high-risk assets, steering capital toward traditional liquid safe havens.

• Institutional Sentiment: Despite a steep drawdown from its 2025 all-time high of $126,000, Wall Street firms like JPMorgan maintain a constructive long-term outlook for the rest of 2026, citing that rising institutional inflows and impending regulatory frameworks will likely drive the next structural recovery phase.

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Ethereum Bounces From Major Support. Is the Low In?

Ethereum is showing some upside momentum and is approaching the top of its channel. Here is what would confirm a low, and why one or two more lows remain likely. We analyse Ethereum on 2 November 2026 using Elliott Wave. Ethereum has reached the larger support zone between $1,724 and $2,206 and shows an initial reaction, but there is not enough evidence yet that the low is in. We do not expect new bear market lows from here and look for higher prices short to medium term. Video by More Crypto Online. Visit Trading Platform >>

If the low is already in, the standard projection is $4,000 plus, as long as last week's swing low at $2,174 holds. The ideal pathway would still be one or two more lows into $1,832 to $2,069, as the correction likely unfolds as a WXY. On the smaller timeframe, the micro resistance for the current bounce is $2,340 to $2,444, and a 5-wave break above the X-wave high at $2,522 could indicate that the bulls are taking the lead. With the midterms this week, expect volatility.

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Ethereum Insights Today

• Binance Withdrawal Restoration: A massive $6.3 billion hot-wallet breach on October 29 initially sent shockwaves through the market. However, Binance began a phased restoration of withdrawal networks yesterday (November 1), confirming customer ETH balances remain fully backed by their SAFU fund. This quick recovery significantly eased counterparty fears, prompting immediate short-covering.

• Institutional Outflows Stabilize: Selling pressure is beginning to thaw after three consecutive weeks of net redemptions from US spot Ethereum ETFs. As institutional liquidations normalized, spot deployment by market makers resumed.

• Global Structural Expansion: The Moscow Exchange announced plans to launch fully regulated trading for Bitcoin and Ethereum starting December 1, 2026, utilizing existing securities infrastructure. Analysts view this infrastructure expansion as a strong mid-term driver for institutional liquidity.

Technical Metrics & Ecosystem Insights

• Derivatives Caution: Even with today's price uptick, Ethereum perpetual funding rates have remained predominantly negative. This indicates that short positions are still heavily paying long positions, reflecting broad, cautious sentiment in the derivatives market rather than structural euphoria.

• Ecosystem Focus Shift: With short-term liquidity panic subsiding, market attention is shifting back toward upcoming network milestones. The upcoming Devcon developer conference in Mumbai and progress regarding the Q4 Glamsterdam network upgrade (aimed at staker yields and token issuance adjustments) are acting as structural anchors for current valuations Buy Ethereum >>

Solana Could Drop to $77 Next. Here’s Why

In this video: Solana has reached its main support zone, but there is not enough evidence yet that a low is in. Here is where the next leg could take the price, and what would change the picture. We analyse Solana on 1 November 2026 using Elliott Wave. Since the September high, Solana has broken below its trend channel and below the $98 breakout level, and the price has now reached the upper boundary of the main support zone between $70.16 and $94.43. Video By More Crypto Online.

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The correction unfolds as an ABC, and the C wave down is likely underway toward the ideal target between $76.76 and $87.77, the 100% and 161.8% extensions. On the smaller timeframe, Solana formed a possible triangle over the weekend without a clear breakdown, and a break above $99 would be the first sign of a low of sorts, with $103 to $104 as the next resistance. Buy Solana >>



Insights Today

• Support Defense & Short Covering: Analysts note that SOL's price firmed up after successfully defending critical structural support lines near the lower boundary of its multi-week trading range. Fading momentum from short-sellers near long-term moving averages triggered tactical short-covering and spot-market accumulation.

• Persistent ETF Outflows & Macro Pressure: The upside remains capped due to a cooling institutional appetite for US spot Solana ETFs, which have faced steady net outflows and redemptions. Furthermore, a firm US Dollar and elevated US Treasury yields have tightened global liquidity, leading allocators to scale back exposure to high-beta smart contract platforms, pushing SOL below the psychological $100 threshold.

• Ecosystem Development: Fundamental growth provides structural support. Recent ecosystem milestones include the expansion of regulated stablecoin infrastructure, Akash Network voting to migrate its operations from Cosmos to Solana, and ongoing software optimization via the Agave 4.2 update, which reduced rent costs by 90%.

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Sunday, 1 November 2026

Cardano: The Level That Would Confirm a Low

In this video: Cardano has reacted at the golden ratio at 18 cents. Here is what ADA needs to show to confirm a low, and what would point to one more low first. Video by More Crypto Online. Start Trading Cardano >>

We analyse Cardano (ADA) on 1 November 2026 using Elliott Wave. ADA is weaker than Bitcoin and Ethereum and has reached the standard support zone between 16 and 19.6 cents, the decision zone we have been tracking since the top at the end of September. The decline from the December 2024 high is a C wave down that does not show 5 waves yet, so the bounce could be a wave 4, and another low toward the 100% extension at 9 cents remains a risk. If a low forms here, a C wave up would target 37.5 cents, just below the top of the resistance area between 23 and 40.5 cents. On the smaller timeframe, ADA is still moving in a descending channel, and a break above 19.5 to 20.4 cents would be the first sign that the bulls are taking the lead.

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Cardano Insights Today

The primary macro relief driving today's stabilization is structural. Earlier in the week, systemic fear surrounding a major security breach at Binance dragged ADA down to a localized multi-month low of $0.182.

• The Rebound: With Binance officially reopening token withdrawals today (November 1), immediate liquidity panic has evaporated, enabling bargain hunters to buy up the local bottom.

• The Volatility: Despite the minor reprieve, overall sentiment remains heavily mixed. Trading volume fell roughly 39.5% over the weekend down to $133 million, highlighting thin weekend order books and caution from retail traders.

• Midnight Milestones: Cardano's privacy-centric sidechain, Midnight, also passed an on-chain milestone by successfully crossing 1 million transactions in its testing environment. Buy Cardano >>

Where Bitcoin’s Next Low Could Be

In this video: Bitcoin is 38% below its all-time high. Is it cheap now? We look at the MCO Cycle Compass, the price of the newer buyers and the chart. Video by More Crypto Online. Visit Trading Platform >>

Bitcoin (BTC) is currently trading at approximately $77,772 (€69,425) as of November 1, 2026. The asset is undergoing a period of short-term consolidation following a month of volatile downward pressure, with prices trading lower than their early 2026 peaks.

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Bitcoin Insights Today

1. Macroeconomic Headwinds and the Fed
The market is currently digesting conflicting macroeconomic indicators. Investors are balancing recent Federal Reserve policy expectations against upcoming U.S. growth, household spending, and labor-cost releases. This has put Bitcoin into a temporary holding pattern as it tests whether current support levels can survive incoming economic data.

2. Institutional ETF Outflows
Institutional appetite has seen a slight cooldown. Total U.S. spot Bitcoin ETF Assets Under Management (AUM) dipped to $106.49B, down from $107.98B the previous week. This marginal outflow aligns with the broader risk-off tone across traditional finance sectors.

3. Network Infrastructure Upgrades
On the fundamental side, the Bitcoin network remains robust. Bitcoin Core 32.0 has entered its final phases of testing. The upcoming release focuses heavily on performance optimization—specifically introducing parallel database reads to speed up node verification times and defaulting wallet infrastructure to Particially Signed Bitcoin Transactions (PSBTv2).

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